• Overview
  • Reviews (5)
  • Comments (213)
  • What's new

Harmonic Pattern Plus MT5

4.5

Introduction

Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality of Harmonic Pattern plus is beyond manual pattern detection and textbook approach. Harmonic Pattern Plus provides many harmonic patterns we have tested in our research. In addition, you can use the three important trading elements including Pattern Completion Interval (PCI), Potential Reversal Zone (PRZ), and Potential Continuation Zone (PCZ) to improve accuracy of your trading. You will experience amazing performance using our Harmonic Pattern Plus for your trading. Especially, pattern completion interval provides the trading zone which you can manage your trading and risk easily.


Main Features

  • 11 Harmonic Patterns can be detected automatically
  • Support multiple timeframe pattern scanning (This means you need one chart per symbol only.)
  • Potential Reversal Zone (PRZ) detection for Point D identification
  • Potential Continuation Zone (PCZ) detection for future price movement prediction
  • Pattern Completion Interval (PCI) detection for precision trading
  • Historical pattern forward and backward reply function to create new trading strategy
  • Pattern locking and unlocking feature to prevent repainting of patterns
  • 52 different bullish and bearish Candlestick pattern recognition feature
  • Support Email, Sound alerts or Push Notification


Recognizable and Tradable Patterns

  • Butterfly
  • Gartley
  • Bat
  • Alternate Bat
  • AB=CD
  • Shark
  • Crab
  • Deep Crab
  • Cypher
  • 5-0 Patterns
  • 3 Drives Pattern
  • Automatic drawing of Linear regression channel
  • Candlestick patterns: detect 52 different bearish and bullish candlestick patterns. The candlestick patterns include hanging man, shooting star, engulfing, doji, harami, kicking, etc. Our Candlestick Pattern detection algorithm uses purely price action only.


Indicator Setting and Parameters

Default setting will work most of time. If you want to change how the indicator looks in your chart, you can certainly change them from input setting. All the input settings are self-explanatory. The simple description is given on left hand side columns and you need to change value on your right hand side columns.


Trading Strategy Guide

In fact, the detailed trading strategy with harmonic pattern can be found from the link below:

https://www.mql5.com/en/blogs/post/747647

For the most important trading strategy, you can have a look at the Young’s Mutual Pattern Turning Point Strategy in the following books: Guide to Precision Harmonic Pattern Trading and  Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern.


Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


Reviews 5
Moola Ravichandra
142
Moola Ravichandra 2020.11.09 12:02 
 

SUPER BUT NOT SHOWS 11 PATTERNS

z2525
180
z2525 2018.03.12 02:55 
 

Good Work, I bought the indicator, at first it was shocking to see how it scanned the patterns, but after some time with it I felt more confortable with the system, it's really easy to manage your risk with the PCI box, and I was surprised to see patterns reversing even if they were differente from the standart harmonic ratios, I believe the team have done a good computerized research and backtest and are bringing it to the next level with new technology..!

Arfur Lager
308
Arfur Lager 2014.06.21 14:31 
 

Excellent work! The new version enables back stepping through previous patterns which shows just how often, and to which fib level the price retraces when one of the patterns appears.

Recommended products
TrendMeasurer indicator manual / TMi manual The indicator is designed to help the user to find the end point of a strong trending price movement. Important - END. Not start. How the indicator works The first price impulse and its subsequent pullback form a certain "critical mass" which acts as "fuel" for further price movement. The production of this fuel indicates the potential end of the trend. Both volume and indicator calculated in a certain way from price data can be the fuel. The amount of
30 USD
The Bitcoin MT5
Marta Gonzalez
If you are looking for a safe ea to start trading BTCUSD this is your ea BITCOIN MT5. It is an Ea that seeks the best window of opportunity to enter the market. If the entry is wrong, the system exits by stop lost and take profit. The system detects the best moment to enter the BTCUSD and at that moment places a market order with its stop loss and its take profit. Once the order is placed, the exit is only by stop lost or by take profit. There is only one order at a time reducing the r
30 USD
This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Input parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (uncon
FREE
This indicator, It can be applied to any financial assets:   forex, cryptocurrencies, metals, stocks, indices . And This indicator base on Golden cross with custom length signal Settings FastSignalLength : Length of Fast Signal SlowSignalLength :   Length of Slow Signal TimeFrame : Choose time frame to calculate ShowDeadCrossOnly : Show Dead Cross Channel Only ShowSignalMedianOnly : Show signal median line only when ShowDeadCrossOnly set to false alertOn : Send alert alertsOnCurrent : Alert
100 USD
READ THE DESCRIPTION ITS IMPORTANT - ONLY TAKES 2 MINUTES - THIS IS A TOOL NOT A TRADING STRATEGY Check out my new GOLD Trader EA   here DeMarker Indicator With Alerts This indicator sends out   alerts   whenever the   desired level is reached   in the form of   push notification ,   email   or   pop up alerts , we have kept the interface and settings extremely   simple   and   user friendly   so that a new trader can also use this with ease. Distinctive features It does   not repaint . Gives
FREE
PZ Trendlines MT5
PZ TRADING SLU
4.8 (5)
Tired of plotting trendlines? The PZ TrendLines MT5 indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they com
FREE
This is an expert that will close your positions at a profit or loss in percentage or money. You can set it freely to close positions throughout your MT5 terminal or separately only in the current chart window. If you want, you can freely choose to close a percentage or a monetary position. The expert works all the time and you don't need to add it again to work, it just needs to be running in one window and it will manage the entire terminal. With this tool you can automatically adjust your ris
50 USD
Gekko MACD Plus
Rodrigo Galeote
3 (2)
Type: Oscillator This is Gekko's Cutomized Moving Average Convergence/Divergence (MACD), a customized version of the famous MACD indicator. Use the regular MACD and take advantage of several entry signals calculations and different ways of being alerted whenever there is potential entry point. Inputs Fast MA Period: Period for the MACD's Fast Moving Average (default 12); Slow MA Period: Period for the MACD's Slow Moving Average (default 26); Signal Average Offset Period: Period for the Signal
30 USD
The script closes all positions for which the profit is more than 5 pips. Checks all open positions for all pairs (you can run it on any chart). The terminal must have the "Algo trading" mode enabled. It is effective if there are many open positions that need to be closed quickly. The script does not replace a trailing stop or an advisor. The script checks all open deals and closes those that meet the condition (profit is more than 5 pips) once at the time of launch. For the subsequent cl
FREE
WICK BAR ALERT!!!! WICK BAR ALERT!!! Now you dont have to worry about going through each currency pair, your favorite stocks watch list or crypto to find  WICK BAR CANDLES  (also called  LONG TAIL BARS ). This indicator does everything for you.   This indicator has the capability to   SCAN  different  CURRENCY PAIRS  and  TIMEFRAMES  to give you  LONG TAIL CANDLE (LONG WICK BAR)  information through   ALERT (MOBILE NOTIFICATION, EMAIL AND PUSH NOTIFICATION) NOTE: If you are willing to
50 USD
The Forex Gold
Marta Gonzalez
If you are looking for a safe ea to start trading XAUUSD this is your ea The Forex Gold It is an Ea that seeks the best window of opportunity to enter the market. The system detects the best moment to enter the XAUUSD   and at that moment places a market order. The system also allows you to configure the parameters of the value of the pairs in your broker.  The name of the pairs should only be changed if the name of the pair in your broker is different from the one used by default, for e
30 USD
EA Snowball WIN
Gustavo Da Silva Povodeniak
ESTRATÉGIA DE NEGOCIAÇÃO: Este EA foi projetado para operar tendências no IBOVESPA MINI, entretanto, é possível operar em qualquer ativo. A tendência é definida de acordo com relação preço e Média Móvel, totalmente configurável pelo usuário. Uma tendência de alta se configura quando existem "X" barras acima da Média Móvel, que ainda não tenham tocado na Média Móvel. O mesmo vale para uma tendência de baixa, porém com as barras abaixo da Média Móvel. Depois de "X" barras sem tocar a Média Móvel,
65 USD
Hello. CatchCandleLimitOrderOneSymbol-flat expert Advisor, for opening orders from the channel borders to the center, works on pullbacks from the support and resistance levels, from the custom channel width indicator TMA, with a fixed S/L and T / P. The EA is designed to trade off the levels when a particular trend movement, and is no doubt the continuation of the trend, the Levels are shifted automatically with the price based on the channel boundaries and the extreme price deviation for a be
50 USD
Niubility Scalping  The Niubility Scalping indicator detects trend, give sell point and buy point. this indicator can use for  scalping technique, and also use for trend technique. Attention Chart statistics will help you to optimize your trading, statistical accuracy to the hour. It can works on every timeframe. The indicator analyzes its own quality and performance. Losing signals are highlighted and accounted. The indicator is non-repainting. It implements sound alerts. Parame
30 USD
Plug and Play, Best with MA 50 & MA 200,best on 1 hour, use it with trends lines, you will get sniper entries that way, and know your chart patterns  ,Please use proper risk management ,for a $10 account risk $1 to gain $5..for a $100 account risk $10 to gain $50... Enjoy i care to give feedback and donate profits.lol just joking. email: drgroup85@gmail.com.......
40 USD
Bollinger Breakout Trader tells the trader when the market is about to breakout from a non-volatile period. Non volatility usually means its building up steam for more good moves in future. A signal is formed when this switch from non-volatile to volatile occurs. These periods are measured by both Bollinger Bands and Keltner Channels. Bollinger Bands measure the standard deviation of price from the Moving Average which results in an expanding and contracting channel. Keltner Channels are based o
30 USD
Setup 93 Larry Williams
Luigi Nunes Labigalini
Buy and sell signals based on Larry Williams's exponential moving average strategy 9.3 for trend continuation. Who is he? Larry Williams is an American stock and commodity trader, author of 11 books and creator of indicators such as the "Williams%R" and the "Ultimate Oscillator", with over 60 years of trading experience. Won the 1987 World Cup Championship of Futures Trading, turning $10,000 to over $1,100,000 in 12 months with real money. Ten years later, his daughter Michelle Williams won t
99 USD
Overview The Expert Advisor sends notifications to a mobile phone, via e-mail or plays a sound in case any changes are detected on the trading account: opening/closing positions, changing order or position parameters, balance or leverage. Also, the Expert Advisor can inform that Equity on the trading account has dropped below a specified value or Free Margin is small compared to Margin. The Expert Advisor does not trade, it only monitors your account. Launching the Expert Advisor You should al
40 USD
Free version of  https://www.mql5.com/en/market/product/44815 Simple indicator to calculate profit on fibonacci retracement levels with fixed lot size, or calculate lot size on fibonacci levels with fixed profit. Add to chart and move trend line to set the fibonacci retracement levels. Works similar as default fibonacci retracement line study in Metatrader. Inputs Fixed - select what value will be fix, lot or profit  (available in full version, lot is set on free version) Fixed value - value tha
FREE
Signal Eskiya, in addition to channel lines, reflects entry signals in the form of arrows. Trading strategies using the channel indicator belong to the classic methods of technical analysis, are easy to execute, and therefore available even to beginners. Price ranges work equally well on any trading assets and timeframes, they can be used both independently and with additional confirmation from oscillators and market volumes. American traders say: “Trend is your friend”, which means “Trend is
99 USD
Trend Now MT5 Free
Balachandran Chandrasekar
This indicator displays whether the candle of a currency pair is bearish or bullish in different timeframes. They are updated automatically. The up arrow means the bullish candle in corresponding timeframe. Similarly, down arrow for bearish candle. Before attaching the indicator to the chart, you can change the colors for the up and down arrow in the input section of the indicator. You can buy the FULL Version of this product at  https://www.mql5.com/en/market/product/39050  which works
FREE
The indicator draws lines that can serve as support/resistance levels. They work both on Forex and FORTS. The main and additional levels are displayed as lines, with the color and style defined by the user. Additional levels are only displayed for currency pairs without JPY. Please see the AUDUSD chart below. Yellow ovals indicate some characteristic points where price reaches one of the levels. The second screenshot shows a FORTS instrument chart with the characteristic points. Simply watch the
30 USD
//////////////////////////////////////////////// ////////////////////////////////// An improved version of the standard Bulls Power and Bears Power indicators. Now it's two in one. The setup is simple - you just need to specify the period. It is also very easy to understand the readings of this indicator, a signal above zero is a buy, and below it is a sell. //////////////////////////////////////////////// /////////////////////////////////// I hope this indicator will be very useful t
FREE
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
MACalc MT5
Tatiana Savkevych
Moving average, moving average (English Moving average, MA) is a general name for a family of functions, the values ​​of which at each point of determining the level of some average value of the original function for the previous period. CalcPipsOn - In order to add rozruhunok on the chart, you must activate this field. The previous development of a variant of this indicator differed in that it had an extended functionality for calculating averaging in the set, as well as advanced possibili
40 USD
Aggression Volume
Flavio Jarabeck
3.94 (18)
Aggression Volume Indicator is the kind of indicator that is rarely found in the MQL5 community because it is not based on the standard Volume data provided by the Metatrader 5 platform. It requires the scrutiny of all traffic Ticks requested on the platform... That said, Aggression Volume indicator requests all Tick Data from your Broker and processes it to build a very special version of a Volume Indicator, where Buyers and Sellers aggressions are plotted in a form of Histogram. Additionally,
FREE
The DYJBands opens and closes positions using Bollinger Bands signals: It performs trades after a price rebound from the borderlines of the indicator. It has the option to close positions by an opposite signal, by take profit and stop loss, move a trade to breakeven upon reaching the central Bollinger band or after a certain price movement. By default, the EA is configured for trading the GBPUSD currency pair on the H1 timeframe. Also, settings for the EURUSD, USDJPY, USDCAD and XAUUSD currency
375 USD
DemoBitmapOffset
MetaQuotes Ltd.
3.5 (2)
The script illustrates the usage of the OBJPROP_XOFFSET and OBJPROP_YOFFSET properties. It displays the specified fragment of the .BMP image.
FREE
The Expert Advisor is designed to protect the account, fix profit (loss) and display current information about the account. Trading account protection is carried out by closing all open orders in the terminal and/or closing all charts. When running the Expert Advisor with default parameters, it will only display your account information and will be reduced in size. Next, you can set the conditions under which your trading account will be protected. Profit and loss limits can be set for daily pro
55 USD
Fractals Direction ST Patterns MT5 is a modification of Bill Williams' Fractals indicator, which allows you to specify any number of bars for finding a fractal. In the settings, it is also possible to set the number of points for determining the trend direction. The upward direction is determined if the last upper fractal is higher than the penultimate upper fractal. The downward direction is determined if the last lower fractal is lower than the penultimate lower fractal. This simple indicator
FREE
Buyers of this product also purchase
Top indicator for MT5   providing accurate signals to enter a trade without repainting! It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices .  MT4 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! Most traders improve their trading results during the first trading week with the help of
125 USD
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
High Signals MT5
Tais Miranda Hoffmann
5 (5)
An indicator for receiving a lot of signals Can be used in all time frames and all markets Trade professionally  using professional indicators yourself . Using this indicator, you will have a signal at any time. Do not miss any market movement. Get the signal very simply and clearly. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- How it work:
125 USD
Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays suitable stop-loss and take-profit levels Configurable oscilla
299 USD
Advanced Supply Demand MT5
Bernhard Schweigert
4.44 (9)
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced
199 USD
FX Volume MT5
Daniel Stein
4.89 (9)
Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Please read our basic tutorial ->   "Ho
150 USD
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
168 USD
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
299 USD
Cycle Sniper MT5
Elmira Memish
1 (1)
Cycle Sniper MT5  We have completed and launched MT5 Version of Cycle Sniper indicator with its new feature of deviation filter. Cycle Sniper MT4 Version and definitions :  https://www.mql5.com/en/market/product/51950 Important Notes:  MT5 Version does not include Breakout Mode and Late Entry Mode Features. MT5 Version does not include RSI and MFI filter. This indicator does not send any signal without a reason...You can observe and analyze the indicator and the signals it sends Cycle Sniper f
220 USD
Blahtech Supply Demand MT5
Blahtech Limited
4.25 (8)
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detecto
124 USD
Premium level is a unique indicator with more than 80% accuracy of correct predictions! This indicator has been tested for more than two months by the best Trading Specialists! The author's indicator you will not find anywhere else! From the screenshots you can see for yourself the accuracy of this tool! 1 is great for trading binary options with an expiration time of 1 candle. 2 works on all currency pairs, stocks, commodities, cryptocurrencies Instructions: As soon as the red ar
1 100 USD
KT Bollinger Shots MT5
KEENBASE SOFTWARE SOLUTIONS
KT Bollinger Shots works using a striking blend of the slingshot pattern and the mean-reversion phenomenon applied to financial markets. In addition, a mathematical algorithm is used with variable deviation to fine-tune the indicator's signals on a different level. Winning Trade: After a signal, if price touches the middle band in profit, it is considered a winner. Losing Trade: After a signal, if price touches the opposite band or touches the middle band in loss, it is considered a loser.
180 USD
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
149 USD
Volume by Price MT5
Brian Collard
5 (1)
The 'Volume by Price' indicator features Volume Profile and Market Profile TPO (Time Price Opportunity). Highest quality real-time and historical dataset compilation. Absolute and relative dataset range selection. Drag and drop with time/price option. Unlimited dataset segmentation. Built-in presets for New York, London, Tokyo, Sydney and São Paulo sessions. Quick composite setups with options for advanced TPO visualizations. Histogram bar, line and metric charts including data tables. Collapse
179 USD
PowerSignal is a complete trading system based on the ATR technical indicator. This indicator will record the current status of each POWERTREND in every time frame and currency pair analyzed. The PowerSignal creates a trend strength and entry point signal list display by evaluating these data. If there is a full coincidence on any pair an alert will pop up indicating such case. List data includes Symbol, M5-MN1, BuyPercent, SellPercent, LastEntry. The LastEntry shows entry points (periods, price
150 USD
StepCloud
Lyine Mashego
This is an advanced   Trend Indicator, specifically designed to detect market trends,  This MT5 indicator can be used on any symbol .   It draws two types of Clouds Buyers & Sellers. A New Trend is then  plotted in a break from an older trend. This Powerful indicator is an excellent tool for scalpers or swing Traders. it does not redraw nor Repaint, it's Most reliable when applied on higher timeframes... Tried and Tested on Volatility 75 Index https://t.me/ToyBoyLane
150 USD
FX Market Correlation indicator calculates the weakness/strength from all 28 currency pairs in the market. This is unique and powerful way of watching the market. It works on all timeframes. You can use it for scalping, or you can use it for long term trading. FX Market Correlation indicator is NOT repainting. Features: --------- -easy determine which currency is strengthening and which is weakening -choose best currency pairs to trade and times to trade them -find correlation between pairs -N
129 USD
Price Action Real Power MT5    PRICE ACTION REAL POWER is an indicator that works on the author's exclusive algorithm for determining trend movements. Unlike other traditional indicators, PRICE ACTION REAL POWER MT5 doesn’t analyze the quotes of a currency pair, but calculates the specific weight of the currencies in a pair concerning to the entire market basket!!! Further - the received value about the true strength of the two currencies included in a currency pair is compared to each other in
120 USD
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
280 USD
PZ Trend Trading MT5
PZ TRADING SLU
3 (2)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
299 USD
PipTick VSA MT5
Michal Jurnik
5 (1)
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spread An
99 USD
SWing3
AHMED KHALIFA AHMED ABULFATEH ALI ABULFATEH
5 (5)
Sale 60% An indicator that depends on liquidity and moving average > which give you the 98% of correct decision buy and sell. and the time to close the trade.  1-when to open buy or sell positions (depend on the cross of two lines X and points calculations depend on the Frame selected) (the cross should be outside the colored area) the candle must touch the cross during or(First or second till fifth ) after the cross the points counted when last conditions confirmed under the cross directly (see
350 USD
Gartley Hunter MT5
Siarhei Vashchylka
5 (2)
Gartley Hunter - Indicator for finding harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with an alert system. List of patterns At the moment, the indicator contains patterns:     Alternative bat     Bat     Butterfly     Crab     Cypher     Deep crab     Gartley Indicator control panel The pattern control panel is located in the lower left corner of the screen. See the picture below for a description of the panel. There are Russian and English version
149 USD
VolumeProfile MT5
Robert Hess
3.4 (5)
Description: The Volume Profile displays detailed informations of historical trading activities at certain price levels (Market Profile). Locate the areas with the best prices in the market and get an advantage over other market participants. Support: The indicator is constantly being developed and improved. Please do not hesitate to contact me via the MQL5 Platform. I am very grateful about any Bug report, so that i can constantly improve the indicator. I appreciate any public review for this
165 USD
Mega Spikes Max
Niccyril Chirindo
The best Tool to Catch Boom and Crash Spikes like a Pro!!! You want to become a constantly Boom and Crash Trader This is an advanced indicator used to catch Boom and Crash Indices spikes beforehand. It alerts on high probability entries with an amazing success rate. We recommend using a Virtual Private Server for receiving 24/7 notifications via email or phone How to trade with Mega Spikes Max 1.4 ? When arrow is displayed on the chart wait for audible alert or push notification to be sen
200 USD
VTrende Pro
Andrey Dyachenko
VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
697 USD
PZ Day Trading MT5
PZ TRADING SLU
3 (4)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
299 USD
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing
197 USD
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
197 USD
More from author
Elliott Wave Trend MT4
Young Ho Seo
3.83 (6)
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
280 USD
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
185 USD
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
280 USD
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
100 USD
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
98 USD
Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
100 USD
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
185 USD
EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern wi
100 USD
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction to Advanced Price Pattern Scanner Advanced Price Pattern Scanner is the chart pattern scanner to detect the triangle pattern, falling wedge pattern, rising wedge pattern, channel pattern and so on. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. You do not ha
180 USD
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
80 USD
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
200 USD
Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup
60 USD
Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup
60 USD
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
Introduction to Double Harmonic Volatility Indicator Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volat
60 USD
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
100 USD
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
FREE
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
200 USD
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit
FREE
Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
80 USD
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
FREE
Introduction to Advanced Price Pattern Scanner Advanced Price Pattern Scanner is the chart pattern scanner to detect the triangle pattern, falling wedge pattern, rising wedge pattern, channel pattern and so on. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. You do not hav
180 USD
Filter:
Ron Inchess
34
Ron Inchess 2021.07.30 11:09 
 

i am studying and testing for a month...

Moola Ravichandra
142
Moola Ravichandra 2020.11.09 12:02 
 

SUPER BUT NOT SHOWS 11 PATTERNS

z2525
180
z2525 2018.03.12 02:55 
 

Good Work, I bought the indicator, at first it was shocking to see how it scanned the patterns, but after some time with it I felt more confortable with the system, it's really easy to manage your risk with the PCI box, and I was surprised to see patterns reversing even if they were differente from the standart harmonic ratios, I believe the team have done a good computerized research and backtest and are bringing it to the next level with new technology..!

AMADIN1980
804
AMADIN1980 2018.01.12 11:53 
 

I bought this indicator and I find that it lacks a user guide, written user guide. There are many parameters, and most of them are unclear for a novice in the world of harmonic patterns.

There are also many settings on the screen, which we don't know how to disable them, or understand what they are used for.

Arfur Lager
308
Arfur Lager 2014.06.21 14:31 
 

Excellent work! The new version enables back stepping through previous patterns which shows just how often, and to which fib level the price retraces when one of the patterns appears.

Reply to review
Version 11.3 2021.02.01
In version 11.3, Harmonic Pattern Plus will show you which pattern is formed completely and which pattern is not formed completely. This information is available from both single indicator mode and multiple timeframe pattern detection mode.
Version 11.1 2019.10.10
In version 11.1, we have polished up Regression Channel functions. Now you can set the style, color and width of Regression Channel. To use Regression Channel as part of your trading strategy, just set Use Channel = true.
Version 11.0 2019.01.30
In Version 11.0, we have made some improvement over Potential Continuation Zone.
Version 10.9 2018.12.22
Version 10.8, minor work on indicator. All functionality are kept the same.
Version 10.7 2018.11.30
In version 10.7, we have changed line width and lenth for better visibility.
Version 10.6 2018.10.10
In version 10.6, we have added sound alert, email and push notification for 52 Japanese candlestick patterns.
Version 10.5 2018.07.31
In version 10.5, user can control the width of trianlge when the triangle is not filled.
Version 10.3 2018.05.24
In this version, Harmonic Pattern will be shown at ideal point D.
Version 9.9 2017.07.27
In Version 9.9, User can set the pattern matching accuracy for individual point as well as over the averaged MAPE.
Version 9.8 2017.06.22
In Version 9.8, Now multiple pattern locking is allowed. This means that trader can lock as many pattern as he want in the chart. This feature not only protects traders from the repainting and redrawing issues of the classic Pattern trading but also trader can enhance his trading performance by incorporating multiple timeframe patterns analysis at ease.
Version 9.5 2017.04.28
In Version 9.5, Trader have access to Potential Reversal Zone Type A and Potential Reversal Zone Type B.

Potential Reversal Zone Type A: use to predict the reversal point at Point D.
Potential Reversal Zone Type B: use to preduct the future price movement after the pattern is formed.
Version 9.3 2017.03.09
In version 9.3, you can automatically set up your stop loss and take profit by just moving stop loss or take profit level in your chart. This new feature will allow you to have intuitive and more efficient approach of setting your stop loss and profit target from geometric analysis.
Version 9.2 2016.11.15
Updated Feature for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner for version 9.2

Multiple Timeframe Control Feature in Single Chart

This description applied to both Harmonic Pattern Plus and Harmonic Pattern Scenario Planner since both of them are identical 95% of their functionality. Most important feature in this new version is that you can add multiple of Harmonic Pattern Plus controlling different timeframes in one chart. If you wish, you can add 4 harmonic Pattern Plus in one chart controlling M15, H1, H4, D1 timeframe or even more. One limitation when you add multiple Harmonic Pattern Plus is that you can only use the Calculation Timeframe (timeframe to detect patterns) greater than current chart timeframe. For example, if your chart timeframe is H1, then you can only use Calculation timeframe H1, H4, D1, etc. You can not use M15 calculation timeframe for H1 chart timeframe since you can not draw the M15 pattern to H1 timeframe chart.


Custom Take Profit and Stop Loss

In version 9.2, Custom Take Profit and Stop Loss are defined using Pattern Completion Interval (PCI) for more clever setup. 3 Take Profit is equivalent to the 3 x the PCI box range. 1 Stop Loss is equivalent to the 1 x the PCI box range. The ellipses (stretched circle) shows you the potential entry. When your order is placed inside this circle,
your Reward/Risk can range from 1 to 10 or even more in strictly mechanical trading. Why this happen? Do some basic math maybe looking at your chart. Note that this is the potential entry level shown only for your convenience but not limited to creating your own clever trading setup. The ellipses is like the ruler to gauge your potential entry in your preferred Rewards/Risk ratio and it is not an indicator showing direction or etc.


For more details about version 9.2, you can check this link below.

Harmonic Pattern Plus MT5 Comment Section: https://www.mql5.com/en/market/product/4475#!tab=comments&page=4
Version 8.8 2016.10.31
In version 8.8, Harmonic Pattern Plus can detect Harmonic Pattern at every tick level as an option. This is only small minor change from previous 8.6. There is no version 8.7 since we decided to name the latest version to 8.8 from 8.6. When you are detecting patterns at tick level, make sure that you understand it uses a lot more computation which can make your MetaTrader slow. However, this might be useful for traders using Pattern Completion Interval as entry. To detect pattern at every tick level, just set Detect Pattern at Every Tick to True.
Version 8.6 2016.07.26
We have implemted 2 new features succesffully for our tools.

Feature 1: Options to switch on and off each pattern type. With this option, you can switch off or switch on any pattern type as you wish. For example, if you want to turn off Bat pattern from Harmonic Pattern Plus. Yes. You can. You can do the same for the price Breakout Pattern Scanner. For example, if you don’t want to see head and shoulder pattern, then you can just switch off them. How to use this feature is very intuitive. You just need to set the swton on and off in your Indicator Input settings.

Feature 2: Options to filter out small patterns. We will add “Pattern Size Filter” input. With this input, you can filter out small patterns and you can only trade with big patterns. You can use this feature in our Price Breakout Pattern Scanner too as well as with Harmonic Pattern Scenario Planner. Pattern Size Filter is simply done by counting number of candles inside patterns. So Make Pattern Size Filter large, then you will only see large patterns. If you want to see any patterns, then just set Pattern Size Filter = 0.
Version 8.0 2016.06.09
Smart Renko version 6.0, Smart Renko can draw the brick the same level on your chart regardless of amount of historical bars and Meta Trader platforms. To do this, you need to choose the brick height which is the factor of 100 pip or factor of 1000 pips with Brick Height Mode = 0.

For example, you can use Brick Height (in pips) = 10, 20, 25, 50, 100, 200, 500, etc, as they are the fact of 100 or 1000 pips. As long as you are using these brick height, the brick will be drawn in the same level regardless of the amount of historical bars and your brokers. This is really good property as traders can develop strategy universally working across different platform.

This improved version of Smart Renko 6.0 is included in the new update for Harmonic Pattern Plus.
Number of detected patterns can be different according to your brick height and now you can even find that pattern specially formed around psychological number (round number) if this is one of your preferred strategy.

Version 7.8 2016.05.27
In version 7.8, we have fixed the small bug related to Multiple Timeframe Pattern Detection. The bug was found after our update on Renko Filter Implementation in version 7.7.
Version 7.7 2016.05.23
In version 7.7, Harmonic Pattern Plus can detect pattern using Renko Brick calulation. This is equivalent to detect pattern over the dedicated Renko Chart (Imagine that you have opened Renko Chart and then put this indicator over the Renko Chart). So it is very powerful due to less noise in the Renko Chart. The good news is that you don't need a dedicated Renko Chart as this indicators does renko brick calculation at the background using Smart Renko Indicator. So you are hassle free but this indicators will does a lot of work for you.

At the same time, user can choose to detect pattern over normal candle stick too as before. To choose the detection mode, user can use the following variable.

Use Renko Filter for Pattern detection : true or false only

We have currently set the default as Renko Filter Mode.

(Important note, Renko can be calculated using sub time frame. For example, Renko brick can be calculated using M5 or M15 time frame when you actually use this indicator for H1 chart. If the data is loaded, then there is not a problem. But sometime, data loading may be issue. But this is the issue present inside Meta Trader terminal. It might be fixed in the future when new Meta Trader version is released or maybe not. To avoid this issue, your default calculation time for Renko brick calculation is set to current time frame. But you can always change it with your own experiment. In our experience, there can be small difference when you change the calculation time frame. Smaller time frame is generally more accurate. But still higher time frame will do the job too.)
Version 7.3 2016.04.14
In version 7.3, users have a choice over update frequency on pattern detection.

This means that you can choose pattern update frequency at different timeframe from a default one.

For example, if you are using Harmonic Pattern Plus on H1, normally pattern detection will be updated at every 1 hour but now you can even detect pattern at every 1 or 5 minutes instead of every 1 hour.

To do so, simply set Pattern Update Frequency = Period you want (PERIODM1 or PERIODM5, etc.).

This helps you to enter with much better risk/reward ratio.
Version 7.1 2016.04.08
In the version 7.1, If you set the ButtonTextSize = 0, then you can hide buttons from your chart. Really minor update. This is useful feature for user with small screen device.
Version 7.0 2016.03.23
In version 7.0, user can show clustered PRZ lines nicely. But it is possible not to filter PRZ lines and showing raw PRZ lines.
Version 6.6 2016.02.22
In version 6.6, you can switch on or off MTD( multiple time frame detection feature) for each time frame. For example, if you don't use M1 or M5 time frame for your MTD, then just set Use M1 timeframe = false and use M5 timeframe = false in your MTD setting.
Version 6.5 2016.01.22
In version 6.5, Multi Time Frame Pattern Detection (MDT) feature is added if a user wants to check what pattern is formed in other timeframe. It is now possible to check patterns formed across all timeframes without changing your chart or timeframe.

Button "MTD" is used to perform multi Time Frame Pattern Detection. So, press this button to see or hide the multi timeframe pattern panels.

We have also added five input settings in regards to this MTD feature.
If you want to permanently run this MTD feature at every candle, then just set Use Multi Timeframe Pattern Detection = true.

However, this MTD feature requires much heavier computation. Therefore, to run this at every candle, we will leave this to your own choice.

//Use Multi Timeframe Pattern Detection
//Use Sound Alert from MTD
//MTD Panel X coordinate
//MTD Panel Y coordinate
//MTD Panel Update Frequency

Overall, this MTD feature will help traders to make a lot better and more accurate trading decisions.
Version 6.2 2015.11.18
In version 6.2, minor update only. Graphical objects were drawn in background rather than foreground.
Version 6.0 2015.10.26
In version 6.0, Pattern Completion Interval was added. Added the new input variables.

//Show Pattern Completion Interval ('true' or 'false' only)
//Pattern Completion Interval Box Size (default = 4)
//Pattern Completion Interval Box Width (default = 2)
//Pattern Completion Interval Bullish Color
//Pattern Completion Interval Bearish Color
//Pattern Completion Interval Text Color
//Pattern Completion Interval Text Size
Version 5.6 2015.10.15
In version 5.6, Now user can hide buttons on their charts by clicking "BT" button on chart. Minor update only.
Version 5.5 2015.09.23
Linear regression channel alert bug was fixed.
Version 5.3 2015.09.22
In this version 5.3, Custom Risk Control module was added. And the following variables were added.

//Use Custom Stop Loss and Take Profit
//Custom Take Profit: Enter fibo number 0.386, 0.5, 0.618, 0.786, 1.0
//Risk Reward Ratio (Reward/Risk): use more than 1.0
//Custom Take Profit and Stop Loss Line Length
//Custom Take Profit and Stop Loss Line Width
//Custom Take Profit and Stop Loss Text Size
//Custom Take Profit Color
//Custom Stop Loss Color
//Custom Open Price Color
//Show Guided Trading Instruction
//Guided Trading Instruciton X Coordination
//Guided Trading Instruction Y Coordination
//Your Target Success Rate: 55%(0.55) = default
//Your Risk per Trade: 2% (0.02) = default
//Your Target Trade Number: 100 = default


Version 5.1 2015.08.20
In version 5.1, now user can select how many historical bars to scan.

Note that this feature is great so you can study How harmonic pattern evolved through historcal data. This is very powerful feature. For example, you can learn how harmonic pattern worked in 2005 and compare its appearance on 2015. You can apply this knowledge for your trading. Something like this can't be achieved by manual traders.


However, scanning more bars requires a lot more computation time. So please be careful in using this feature. Also maxium number of patterns indicators can search is 1000. So Know this limitation too.


For average traders, 1500 bars (default setting) is more than fine.


Kind regards.
Version 5.0 2015.05.26
In version 5.0, trader can disable direction arrow. Just set Direction Arrow Width =0 to disable the arrow from your chart.
Version 3.9 2015.05.13
In this version, small bug of getting array out of range when you set PRZ depth = 0 is fixed.
Version 3.8 2015.05.05


In version 3.8, New feature 1:


We added Fibonacci projection of followings:

1. Internal Price Retracement (XA)
2. External Price Retracement (BC)
3. Correction of Price Projection (ABCD)
4. Future Price projection (CD, this is existing Fibo retracement from earlier version)


Trader can control depth of these Fibonacci Projection using following variable:

Potential Reversal Zone Projection Depth (0 to 8, 0=no drawing)

value 1: fewer Fibonacci lines (for less sophisticated trading setup)
value 8: more Fibonacci lines (for more sophisticated trading setup)



Also individual Fibonacci projection can be switch on/off by setting these values to zero or other values:

Potential Reversal Zone Line Length for XA (0=no projection)
Potential Reversal Zone Line Length for BC (0=no projection)
Potential Reversal Zone Line Length for ABCD (0=no projection)


Future Price projection (CD, this is existing Fibonacci retracement from earlier version) is identical to and this can be controlled by previous Fibo Display option.




In version 3.8, New feature 2:

Now by just simply clicking over "Symbol" button on your chart, trader can detect new patterns at any tick arrival without waiting for new bar arrival. This is useful if you want to detect patterns before new bar arrivals. (Fast discovery of the patterns)
Version 3.5 2015.04.28
In version 3.5, user can select any pattern to lock on his chart. Of course, user can unlock and delete the locked pattern. This locking and unlocking pattern is done by pressing "Pattern" button on the chart.
Version 3.3 2015.04.13
Version 3.3

1. Added ability to change button text size (Text Size button).

2. Added push notifications for sending messages to mobile terminals.
Version 3.2 2015.03.31
In version 3.2, just changed description of this indicator. (Very minor)
Version 3.1 2015.03.19
In this version, Button has been redesigned for simpler looking.
Version 3.0 2015.02.11
In version 3.0, Candlestick Pattern Detection algorithm was hugely improved by adding intensive statistical pattern matching process.
Version 2.9 2015.01.21
Fixed small issue with Sound Alert.
Version 2.8 2015.01.19
In version 2.8, pattern matching error (%) is added to account for how close the detected patterns are to reference patterns in text book.
Version 2.7 2015.01.05
In version 2.7, now you can select different symbols using buttons on charts. Users now need to open fewer charts and their trading operation become quicker.
Version 2.5 2014.09.24
In version 2.5, Harmonic Pattern Plus can detect 3 drives pattern and deep crab pattern. In addition, with version 2.5, user can build Expert Advisor using iCustom function.
Version 2.2 2014.06.19
In Version 2.2, I added two buttons to replay historical harmonic patterns back and forth. This will help users to develop their trading strategy. Core search engines are remained intact. White background colour is used for chart instead of default chart. White background colour is better when user want to combine harmonic pattern with Price Breakout Pattern Scanner.
Version 1.9 2014.05.28
I found Name of the harmonic pattern on the chart was not displayed correctly in 4 digit broker platform. So I corrected this error.